TYSMG, LLC

Agreement 0010816, filed with the Texas Comptroller by City of Magnolia, Texas.

$3,245,400.00committed capital investment

December 31, 2025performance deadline

The obligation

What the contract requires.

“TYSMG shall use commercially reasonable efforts to complete the City Utilities on or before December 31, 2025”Executed agreement, p. 8

“approximately $3,245,400.00 dollars (three million two hundred forty-five thousand four hundred dollars)”Executed agreement, p. 8

Statutory clause

This is not a performance remedy.

“If TYSMG is convicted of a violation under 8 U.S.C. Section 1324a/(f), the total amount of economic development grants it has received pursuant to this Agreement, together with interest at the rate of 5% per annum from the date of each payment of an economic development grant, shall be repaid by TYSMG to the City”Executed agreement, p. 8

Texas Government Code 2264 requires this provision in every such agreement. It is triggered by employing unauthorised workers, not by missing a build or jobs target. The contract records no repayment remedy for the obligations above.

Every field, as the contract states it

The record.

Field	Value & quoted source	Page
Granting body	City of Magnolia, TexasCity of Magnolia, Texas a political subdivision in the State of Texas (the “City”)	1
Contracting entity	TYSMG, LLCTYSMG, LLC, a Texas limited liability company (“TYSMG”)	1
Parent / guarantor	Not stated in the agreement	—
Instrument	Chapter 380 AgreementUtility Development Agreement and Chapter 380 Agreement	1
Governing chapter	Chapter 380, Local Government Code<<<PAGE 1>>> UTILITY DEVELOPMENT AGREEMENT AND CHAPTER 380 AGREEMENT This Utility Development Agreement and Chapter 380 Agreement (this “Agreement”) is made of \| Fob cuary \|], 2025 (the “Effective Date”), among the City of Magnolia, Texas a political subdivision in the State of Texas (the “City”) and TYSMG, LLC, a Texas limited liability company (“TYSMG”), (the City and TYSMG are sometimes referre	—
Capital investment	$3,245,400.00approximately $3,245,400.00 dollars (three million two hundred forty-five thousand four hundred dollars)	8
Grant or incentive	Not stated in the agreement	—
Jobs committed	Not stated in the agreement	—
Wage requirement	Not stated in the agreement	—
Square footage	Not stated in the agreement	—
Acreage	57.342 acresTYSMG currently owns approximately 57.342 acres of land	1
Performance deadline	December 31, 2025TYSMG shall use commercially reasonable efforts to complete the City Utilities on or before December 31, 2025	8
Expiration	Not stated in the agreement	—
Effective date	February 1, 2025made of \| Fob cuary \|], 2025 (the “Effective Date”)	1
Signatory	Rob PattersonRob Patterson, /Manager	15
Chain status	Terminal document — no later agreement in the registry names this one as its predecessor	—

How to check this page

Every line above is in the contract.

Agreement 0010816 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.

Where the contract says nothing, the field is left empty rather than filled with a guess.

One of 1,645

Which of these are on your book?

This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.

Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.

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